Question: Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Sales Division New South Wales $ 3,445,000 Queensland $

Selected operating data for two divisions of Outback Brewing, Ltd., of Australia

Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Sales Division New South Wales $ 3,445,000 Queensland $ 2,176,000 Average operating assets $ 640,000 $ 650,000 Net operating income $ Property, plant, and equipment (net) $ 250,240 $ 275,600 264,000 $ 214,000 Required: 1. Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. 2. Which divisional manager seems to be doing the better job? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. (Round your answers to 2 decimal places.) Queensland division New South Wales division Margin Turnover % % < Required 1 ROI % % Required 2 >

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